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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST
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To: JEB who wrote (29157)10/22/2002 11:57:32 PM
From: GC  Read Replies (1) of 34075
 
PDG just released their third qrt results , take a look at their mining cost per oz

Placer Dome continues strong profitability in third quarter
Tuesday October 22, 7:52 pm ET

VANCOUVER, Oct. 22 /PRNewswire-FirstCall/ -
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September 30
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Third Quarter Nine Months
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(all dollar amounts reported 2002 2001 2002 2001
in U.S. dollars) $ $ $ $
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Financial (millions US$)
Sales 275 288 854 931
Mine operating earnings 65 74 235 256
Net earnings (loss) 28 (211) 113 (162)
Cash flow from operations 100 95 280 317
Per common share
Net earnings (loss) 0.08 (0.65) 0.34 (0.50)
Cash flow from operations (i) 0.29 0.29 0.84 0.97
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Return on net assets (i) (ii) 1.7% (10.0%) 8.0% (5.3%)
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Operating
Placer Dome's share:
Gold production (000s ozs) 570 658 1,906 2,099
Gold cash production costs ($/oz)(iii) 195 171 182 176
Gold total production costs ($/oz)(iii) 244 231 233 231
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